Category: Business
ShareChat’s worth decreased by approximately $3.4 billion within a year, leading to the company letting go of more than 800 employees in 2023. The Indian startup and social media platform, ShareChat, faced challenges following a reduction of over 50% in its valuation this fiscal year. As a consequence, the Bengaluru-based company has implemented layoffs affecting […]
During the October 2023 meeting, the Monetary Policy Committee (MPC) unanimously decided to keep the policy rate unchanged and maintained a 5:1 vote in favor of its existing stance. As expected, the tone of the meeting leaned towards a hawkish perspective, emphasizing the priority of reducing inflation to meet the 4.0 percent medium-term target. A […]
The primary beneficiaries among the Sensex companies included NTPC, Mahindra & Mahindra, Sun Pharma, UltraTech Cement, HDFC Bank, and Axis Bank, all experiencing significant gains. Equity benchmark indices were trading flat after initial gains in a highly volatile trade on Friday amid lack of any immediate trigger. In the initial trading session, the 30-share BSE […]
